The team at Invesco Multi-Asset Income has seen its workload grow considerably in the past few years, and most of the underlying sleeves in this fund are with different portfolio managers. The investment process has also evolved substantially over the fund’s lifetime but hasn’t ever found a stable, attractive balance of risk and reward. The Morningstar Analyst Ratings remain Neutral for most share classes but Negative for the expensive C shares.
Morningstar’s Analysis PIYFX
Will PIYFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.